Market again loses ground

THE ISEQ index closed down 12.20 points at 2,970.15 yesterday as the market added to recent losses.

Government plans for NAMA are moving along, with Arthur Cox being appointed by the NTMA as the provider of legal services.

In the financial sector, AIB improved 11c to €1.87, Bank of Ireland gained 15c to €1.81, Irish life & Permanent slipped 9c to €3.18, while insurance group FBD fell back 33c to €7.07.